Indian Oil Corporation Panipat Complex is an active petrochemical complex located in Haryana, India. The complex started commercial operations in 2000 and currently has an active annual capacity of 4.68mtpa. Its capacity is expected to increase to 7.45mtpa in 2030. The plants in this complex are operated by Indian Oil and Indian Synthetic Rubber.
Key Products Capacity – Indian Oil Corporation Panipat Complex, 2020
Key products produced in this complex include ethylene, propylene, polyethylene, polypropylene, purified terephthalic acid (PTA) etc.
Ethylene accounts for major capacity share i.e., 18.4% of the total annual capacity of the complex with 0.86mtpa, followed by propylene and polyethylene with 14.3% (0.67mtpa) and 13.9% (0.65mtpa) respectively.
Details of key upcoming projects in Indian Oil Corporation Panipat Complex
The complex is set to add capacity with some of the key upcoming plants including Indian Oil Corporation Panipat Ethylbenzene Plant (0.42mtpa), Indian Oil Corporation Panipat Polypropylene Plant 1 Expansion (0.18mtpa), Indian Oil Corporation Panipat Polypropylene Plant 2 (0.45mtpa), Indian Oil Corporation Panipat Propylene Plant 3 (0.51mtpa), and Indian Oil Corporation Panipat Styrene Plant (0.39mtpa).
About Indian Oil
Indian Oil Corp Ltd (IOCL) is an integrated oil and gas company. The company conducts exploration and production of oil and natural gas, refining of crude oil, pipeline transportation and marketing of natural gas and petroleum products. It also manufactures and markets petrochemicals and has considerable operations in alternative energy. IOCL’s refined petroleum products include high speed diesel, jet fuel, light petroleum gas, gasoline, bitumen, heavy fuel oil, naphtha, lubricants and greases. The company conducts upstream operation in collaboration with other consortium partners both in India and other countries including the US, Canada, Gabon, Libya, Nigeria, Russia, Venezuela, Oman and the UAE. It is a Maharatna company of Government of India. IOCL is headquartered in New Delhi, India.
Methodology
Information on the petrochemical complexes/plants is sourced from GlobalData’s oil & gas petrochemicals plants database that provides detailed information on all active and upcoming, petrochemical plants globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.